Bengaluru's Most Promising Real Estate Opportunity

Bengaluru’s most promising real estate opportunity Content

Residential Micro-markets in Bengaluru

The Exceptional Rise of Devanahalli -Bengaluru’s New Commercial Hub

An Ideal Investment Opportunity

Park Cubix, Devanahalli—Nurturing Every Facet of Life Residential micro markets in Bengaluru

The housing market in Bengaluru has been clocking steady growth and positive customer sentiments fuelled by rising commercial activities, infrastructure development, and increasing job opportunities particularly in the IT and ITeS industries and in the booming start-up sector. While the city’s macro housing market has stayed stable, micro-markets are urban pockets of promise and uncovering the potential of such micro-markets is important when deciding to invest in property.

Changing prospects and new micro-markets Traditionally successful micro-markets in Bengaluru such as Sarjapur Road, Whiteﬁeld, Kanakapura Road and Electronic City Phase 1 are now reaching a saturation point.

Areas such as Sarjapur Road and Whiteﬁeld, that until recently recorded the maximum supply of housing units, already have several projects that are under construction. Hence, they are being surpassed by North Bengaluru.

Of the housing units launched in the ﬁrst quarter of 2018, North Bengaluru took the largest share of 58%. Devanahalli, Doddaballapur Road, and Nelamangala were the areas that clocked the maximum new supply.

ZONE - WISE SUPPLY IN BENGALURU (Q1 2018)

West East 1% 2%

South 39%

North 58% The future of real estate is in North Bengaluru

The value of property in North Bengaluru is on an upswing and several experts approve of it as a long-term investment option.

Being a stone’s throw from the Kempegowda International Airport, well-connected to the Central Business District and accessible via the Outer Ring Road (ORR) make it an exciting area. Therefore, it is no surprise that several big-ticket infrastructure initiatives are panning out in North Bengaluru.

Prominent ofﬁce areas such as the Manyata Business Park, Kirloskar Tech Park, and Peenya are located in North Bengaluru.

In tandem, the area has grown in its social infrastructure, be it reputed schools and colleges, healthcare centres like Aster CMI Hospital for Cancer, Columbia Asia Hospital, Medi Derma, and Regal Hospital, or well-known malls.

The greenery of North Bengaluru and its well- maintained lakes such as Hebbal Lake, Jakkur Lake, and Nagawara Lake add to its charm.

With affordable housing prices compared to other parts of Bengaluru that are expected to appreciate in coming years, North Bengaluru is a growing market. And within it, the suburb of Devanahalli is most promising. Devanahalli: A micro-market poised for growth

Devanahalli is fast emerging as a top choice for investors and buyers looking at new viable micro-markets. Devanahalli was placed on the map with the establishment of Kempegowda International Airport—the international airport serving Bengaluru and the third-busiest airport by passenger trafﬁc in the country. It is a micro-market experiencing growth across all parameters.

Boosting Real Estate in Devanahalli

New residential projects

Developing as a hub for industry

Several infrastructure projects in the pipeline

Development plans led by both the government and private entities

• New • Developing as residential a hub for projects industry

• Several • Development infrastructure plans led by projects in the government & pipeline private entities The Exceptional Rise of Devanahalli - Bengaluru’s New Commercial Hub

An area that was dominated by empty tracts of land around a decade ago, Devanahalli has seen unprecedented growth since the opening of the Kempegowda International Airport. Moreover, upcoming commercial and industrial infrastructure projects have further contributed to transforming Devanahalli.

I. Multi-modal Connectivity

Well-connected to the main city centres via the NH-7 and Bellary Road which has been widened to a six-lane highway.

Regular Bengaluru Metropolitan Transport Corporation [BMTC] bus services through Devanahalli. AC and non-AC buses connecting Devanahalli to major hubs such as Majestic, Marathahalli, and Banashankari.

Devanahalli Railway Station (South Western Railway zone of the Indian Railways) is linked to Bengaluru City, Bengaluru Cantonment, Yelahanka, and other stations.

Devanahalli Railway Well-connected to the Regular Bengaluru Station linked to main city centres via the Metropolitan Transport Bengaluru and other NH-7 and Bellary Road Corporation bus services stations

Upcoming six-lane Part of the construction of Satellite Tolled Ring Road Phase 2 of Bengaluru’s (STRR) to connect Namma Metro network Devanahalli to Bengaluru city Devanahalli is part of the construction of Phase 2 of Bengaluru’s Namma Metro network that will connect the Kempegowda International Airport to central Bengaluru. Estimated to be complete by 2021, almost 1.2 lakh passengers are expected to use the airport metro every day. The planned 29.62 km metro extension to the international airport will start at Nagawara and include stops at Hegde Nagar, Jakkur, Kogilu Cross, Chikkajala, Trumpet Interchange, KIA cargo complex, and the current terminal This project aims to ease the trafﬁc on the Hebbal ﬂyover and Bellary Road

The upcoming six-lane Satellite Tolled Ring Road (STRR) will connect Devanahalli to Bengaluru city as well as other key hubs such as Doddaballapur, Dobbspet, Hosakote, and Hosur. This is being executed by the National Highways Authority of India (NHAI) under the Bharatmala project and is expected to be completed in two years The STRR that will drastically reduce trafﬁc on Outer RingRoad (ORR) The total length of the STRR will be 140 km in Karnataka and 45 km in Tamil Nadu Work has already commenced on the Dobbspet-Doddaballapur stretch II. A Centre for Industry and Commerce Many special economic zone (SEZ) projects by the government are providing an impetus to commercial and employment opportunities in Devanahalli.

The Aerospace SEZ in Devanahalli has been collaboratively developed with the US Aerospace Supplier Development Mission.

Growing into a key hub for aerospace manufacturing. Introduced several aerospace companies and global original equipment manufacturers (OEMs) to the region

Brought in a large amount of investment to Karnataka. Multiple Special Economic Zone (SEZ) projects

Growing into a key hub for aerospace manufacturing

Information Technology enabled services & Biotechnology project

Global Financial District

The exciting Information Technology enabled services & Biotechnology (ITIR) project is slated to be ready by 2020 as India’s largest IT region spreadacross 12,000 acres.

It will potentially create 1.2 million employment opportunities and 2.8 million indirect employment opportunities. The biggest IT companies including Wipro, TCS, and Infosys will be a part of the ITIR.

A global ﬁnancial district is also underway in Devanahalli, planned to offer competition to the Gujarat International Finance Tec-City. III. Supportive Social Infrastructure Devanahalli already boasts a well-established network of social infrastructure Quality schools, hospitals, and retail and convenience outlets

Prominent Schools: Canadian International School, Akash International School, and Ryan International School World-class healthcare: Columbia Asia Hospital, Akash Hospital, Leena Multispeciality Shopping Centres: World Market Mall, Elements Mall, Esteem Mall

A multitude of recreational spaces ideal for leisure and weekend breaks Devanahalli Fort Nandi Hills Lumbini Gardens amusement park, Nagawara Lake Hebbal Lake, Jakkur Lake

Quick and easy access to social infrastructure in prime locations Whiteﬁeld, Hebbal, Yelahanka, Sadashivnagar, Yeshwantpura, New BEL Road, Sahakar Nagar, Sanjay Nagar

Quality schools, hospitals, and retail and convenience outlets

Multitude of recreational spaces ideal for leisure and weekend breaks

Quick and easy access to social infrastructure in prime locations An Ideal Investment Opportunity

As Devanahalli develops into a satellite city to Bengaluru, its proximity to the city’s IT Hubs as well as industrial clusters further enhances its appeal. But it is not just in being well-linked to Bengaluru and its bustling promise—Devanahalli is fast evolving into a commercial and industrial centre in its own right.

Proximity to the international airport

This is an unmatched advantage that will always stay high-value. Furthermore, work on the second runway and Terminal 2 (T2) of the airport is well underway.

Bengaluru International Airport Limited (BIAL)—the operator of Kempegowda International Airport—has conﬁrmed that the second runway is expected to be operational in 2019. As per BIAL, once both phases of T2 are completed, the airport would have an overall capacity of 65 million.

As Namma Metro’s proposed Phase 2 gets completed—linking Bengaluru to the Kempegowda International Airport—mobility to the area will improve further, giving a ﬁllip to development and commerce.

As the proposed ITIR project and ﬁnancial district develop, the value of real estate in Devanahalli will continue to appreciate.commerce.

Moreover, the demand for residential projects close to these commercial clusters and employment giants will also soar.

It is a location that is being keenly tracked by investors. The potential return on investment is enormous given that Devanahalli continues to grow with several infrastructure projects in the pipeline.

The ideal time to invest in Devanahalli and reap dividends is now. Park Cubix, Devanahalli: Nurturing Every Facet of Life

With an eye on the steady development and potential of Devanahalli, Salarpuria Sattva brings you Park Cubix—a unique investment opportunity at the heart of exciting growth. In Park Cubix, Devanahalli, the Salarpuria Sattva group brings together its vision for futuristic living and its enduring values of trust, commitment to quality and innovation. Your Dream Home

Well-crafted and thoughtfully designed premium 1, 2 and 3 BHK apartments that combine comfort and class. Well-ventilated, Vaastu-compliant apartments Park Cubix is spread over 18 acres of verdant and bright open spaces where you can relax and unwind. 79% of the total project area is open and consists of two central green parks. An Ultramodern Lifestyle

You will ﬁnd yourself nestled in a self-contained community, where you are surrounded by everything you need. Park Cubix houses over 50 modern indoor and outdoor amenities for all age groups and pets With two well-equipped clubhouses, lush green parks, tree-lined pathways, and a commercial complex, Park Cubix offers you a self-contained living space where all you can be is happy.

Located just 10 minutes from Kempegowda International Airport, Bengaluru—guaranteeing appreciation in property value Located on the main road NH 207, Devanahalli, and connected to every part of Bengaluru Located on the upcoming six-lane Satellite Tolled Ring Road (STRR)—linking it to Doddaballapur and other key hubs. The STRR will help commuters bypass congested city trafﬁc and ease the travel time between satellite towns. The area is home to big corporates and close to IT parks Quick access to Whiteﬁeld, Hebbal, Yelahanka, Sadashivnagar, Yeshwantpura, New BEL Road, Sahakar Nagar, Sanjay Nagar

Perfectly located

Travel is a breeze

Distance from Park Cubix to Kempegowda International Airport Toll Gate: 9 Km Devanahalli Railway Station: 1.9 Km Bus Terminus: 1 Km

Kempegowda International Airport Toll Gate: 9 Km

Devanahalli Railway Station: 1.9 Km Travel is a Park breeze. Cubix

Bus Terminus: 1 Km Well-connected to everything you need

Drive time to key locations

MG Road: 30-45 minutes Hebbal: 20-25 minutes Canadian International School: 25 minutes Akash International School: 6 minutes Aster CMI Hospital: 25-30 minutes Columbia Asia Hospital: 35-45 minutes Manyata Tech Park: 30 minutes Kirloskar Tech Park: 25 minutes Whiteﬁeld: 30 minutes Hoskote Industrial Area: 30 minutes Nandi Hills: 20 minutes Orion Mall: 50 minutes

With innovative amenities, aesthetically designed spaces, and elegant homes, Park Cubix is a landmark in Devanahalli. It is an address you can take pride in, an asset of value, an investment that grows. Invest now in a home you have always wanted. With Park Cubix, you can secure your happiness today and tomorrow. Invest in an Ideal Home Today

SALARPURIA SATTVA GROUP 4th Floor, Salarpuria Windsor 3, Ulsoor Road, Bengaluru – 560 042 Tel: + 91 80 4269 9000, Fax: + 91 80 4269 9011, Mob : +91 9343441133

Web: www.sattvagroup.in